Highlights

  • Elon Musk launched his first company in 1995
  • Before Tesla and SpaceX, Musk had 2 more companies
  • Paypal deal made Musk a billionaire

Latest news

IPL 2022, GT vs RR , Final Preview: Can Rajasthan win the title for Shane Warne?

IPL 2022, GT vs RR , Final Preview: Can Rajasthan win the title for Shane Warne?

‘Bhool Bhulaiyaa 2’ actor Kartik Aaryan's meet-and-greet with fans in Pune

‘Bhool Bhulaiyaa 2’ actor Kartik Aaryan's meet-and-greet with fans in Pune

Woman stabbed on busy road in Hyderabad, incident caught on camera

Woman stabbed on busy road in Hyderabad, incident caught on camera

Banner barring BJP workers from entering police station in UP goes viral

Banner barring BJP workers from entering police station in UP goes viral

BFFs Kareena Kapoor, Amrita and Malaika Arora take on trolls calling them ‘Buddhi’

BFFs Kareena Kapoor, Amrita and Malaika Arora take on trolls calling them ‘Buddhi’

Elon Musk: The world's richest who began at 10

Elon Musk created his first commercial game in 1983 and sold it for $500

Winners begin early, they say! Elon Musk was just 10-year-old when he bought his first computer, taught himself how to program, and sold the first commercial software game, Blastar, created by him in 1983 for $500.

Had the kid stopped there, who would make the record-high wealth of $300 billion on the earth!

The First Company

Born in a South African family, Musk launched his first company in 1995. Zip2, an online city guide was later acquired by Compaq Computer Corporation for $307 million in cash and $34 million in stock options.

The First Billion Dollars

Musk, with the sale proceeds, went on to develop the online payment platform X.com, in 1999 when he was 28. That was later merged with Paypal and finally sold to eBay. for $1.5 billion, making Musk a billionaire in October 2002. Musk was a little over 30 at that point.

Also read/watch: SHIB vs Doge crypto craze rises after 700% surge in a month

The First Private Space Company

Musk founded his third company, Space Exploration Technologies Corporation, or SpaceX, in 2002. As per a Bloomberg report, the company was last valued at $100 billion in October 2021.

The First All-Electric Car

Only a year later, Elon Musk launched Tesla. The company doesn't need an explanation for its product... Tesla became the world's most valuable carmaker in July 2020 and further gains led to Musk becoming the world's richest person.

The First Person With $300-Billion Net Worth

Elon Musk's net value stood at $20 billion in December 2019. However, Elon Musk, as of November 1, 2021 is the world's richest person with over $300 billion net worth, the first one to touch the mark. His gains were majorly supported by the increase in the value of Tesla stocks, which have risen 1,800% in the last two years. As per the Bloomberg's Billionaire Index, Elon Musk made $141 billion this year up till now.

From a net worth of $20 billion at the age of 48, Elon Musk is now making billions in a day. He made a whopping $9 billion in a day as per Bloomberg's data.

Also read/watch: Musk challenges UN official; 'Explain how $6 billion can solve world hunger.'

Up Next

Elon Musk: The world's richest who began at 10

Elon Musk: The world's richest who began at 10

SBI’s launches instant loan via YONO app; here's how you can apply

SBI’s launches instant loan via YONO app; here's how you can apply

Another big expense drives in, insurance premiums raised

Another big expense drives in, insurance premiums raised

Beware of online lending apps! RBI cancels licenses of instant loan providers

Beware of online lending apps! RBI cancels licenses of instant loan providers

Tomatoes hit a century! Prices turn consumers red in anger

Tomatoes hit a century! Prices turn consumers red in anger

Banks start to raise lending rates, check what happens to your EMIs

Banks start to raise lending rates, check what happens to your EMIs

More videos

RBI's new credit card rules | Here's all you need to know

RBI's new credit card rules | Here's all you need to know

SBI hikes rates, loans & EMIs get more expensive

SBI hikes rates, loans & EMIs get more expensive

Explained: How to withdraw cash at ATM without a card

Explained: How to withdraw cash at ATM without a card

Big tax changes from April 1: Here are the latest updates

Big tax changes from April 1: Here are the latest updates

DA hike effective January 2022 announced; 50 lakh govt staff to benefit

DA hike effective January 2022 announced; 50 lakh govt staff to benefit

Lapsed LIC policy? You have 48 hours left to revive it, here is how

Lapsed LIC policy? You have 48 hours left to revive it, here is how

End of financial year 2022: Three things you must do before March 31

End of financial year 2022: Three things you must do before March 31

Price hikes from Maggi to coffee: See what is costlier

Price hikes from Maggi to coffee: See what is costlier

Brace yourself fuel price hikes likely to start tomorrow, here is how much petrol, diesel could cost

Brace yourself fuel price hikes likely to start tomorrow, here is how much petrol, diesel could cost

Expect daily petrol, diesel price hikes come March 7, this is how much fuel prices could surge

Expect daily petrol, diesel price hikes come March 7, this is how much fuel prices could surge

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.